It’s been almost 4 years and closely followed up by its folks, finally Cambodia Securities Exchange has been started on July 11, 2011. That is a step though not many companies register yet. Acleda Bank is one of the other private companies which were rumored to register when the stock market is ready. However, there are only 3 state companies have officially registered so far and not Acleda.
There is still a debate on how much trusty the public can rely on this market. One opinion believes that the few number of registered companies at the beginning is because private companies do not trust this market yet. Worse than that starting from that small number of registered company will affect people’s confidence even more.
Mr. Kim Bongsoo, Direct of Korea Exchange which has 45% shares, said that securities exchange has strongly contribute to the economy in Korea. After 50 years, Korea has been ranged 13th in terms of world economy.
Is it what we expect for Cambodia Securities Market? Nope, we want Cambodia reaches that point even faster. I am wondering how to contribute and how to push it faster. However, I believe that when we try to put thing on, there will be going on. There is a quote” The most difficult part to start sth is the first step”. Negative will never faster your process.
Let’s try to be POSITIVE all together! Whoever can take action to push it, let’s do your part.
(Note: The article is in Khmer Unicode)
Cambodia Securities Exchange Office, Canadia Bank